MARINE INSURANCE

On Land, In the Water: Protection For Wherever You Go

Marine

We deliver tailored insurance solutions to address the unique needs of shippers, manufacturers, vessel owners and builders, marine facility owners, boat manufacturers, small yacht clubs and marinas. MGRA will secure products designed to protect your vessel, merchandise, goods, workers, passengers, crews, and cargo storage during marine transport domestically or abroad.

Our Portfolio of Marine Coverages

Hull Insurance

Coverage is provided to protect against physical damage to your boat or vessel along with its operating equipment, including machinery. Policies can be tailored for oil and gas tankers, container vessels, bulk carriers, passenger vessels, tugs and barges, offshore support vessels, fishing vessels, mega yachts and tow boats.

Cargo Insurance

We can provide physical damage protection for the goods you transport from the moment your cargo leaves its point of origin until it reaches its final destination. Solutions can be tailored your unique exposures. We provide coverage for exporters, importers, and logistics service providers, and manufacturers.

Marine Liability Insurance

This coverage offers protection for third-party liabilities that owners and companies are exposed to during water operations. Coverage for injuries, illnesses, or loss of life caused by vessel operation is included. Medical expenses, damage to other vessels and cargo, collision incidents, and related expenses as a result of quarantine may also be covered.

Marine Facilities Insurance

We offer boat dealers, boat builders/manufacturers, yacht brokers, and yacht clubs protection against risks that can occur both in water and on land. This includes Commercial General Liability, Property, Commercial Automobile, Inland Marine (computers and heavy equipment, floaters), Equipment Breakdown, Crime & Fidelity, Business Interruption, Pollution Liability, Liquor Liability, and Workers Compensation, just to name several of the policies we offer.

Our marine insurance products are all backed by insurance carriers with capacity, flexible underwriting, strong financial ratings and expeditious claims handling. Along with our carrier partners we focus on reducing the financial impact of loss to help reduce your total cost of risk.